Peter Smith
Something interesting is happening with XRP (Ripple) that crypto traders don't want to miss. After days of bearish pressure that had many investors on edge, a crucial technical indicator has just switched sides. The TD Sequential - the same tool that accurately called XRP's recent peak - has now flashed a buy signal, suggesting the tide might be turning for the digital asset.
XRP Finds Its Footing at $2.86
XRP is holding steady at $2.86, after bouncing between $2.82 and $2.88 throughout the day. While the move may appear modest at first glance, it holds important weight from a technical standpoint.
According to Analyst Ali, this level is shaping up as a strong support zone following several days of heavy selling pressure. Instead of breaking lower, XRP has managed to stabilize, showing resilience that suggests buyers are stepping back in to defend the range.
Market participants are watching closely, as this kind of steady support often signals a potential shift in market momentum. If XRP continues to hold above this zone, the setup could pave the way for a stronger recovery in the sessions ahead.
Why This Buy Signal Matters
The TD Sequential isn't just any random indicator - it's respected by traders because it has a track record of spotting market turning points. When it recently predicted XRP's local top, many wished they had paid attention. Now it's doing the opposite, suggesting that sellers might be running out of steam.
If this signal proves accurate, XRP could be eyeing a climb back toward $3.00 in the near term. More optimistic projections point to the $3.10-$3.35 range if buying momentum really kicks in. Of course, the crypto market loves to keep everyone guessing, but the setup looks promising.
What Happens Next?
The million-dollar question is whether XRP can actually follow through on this technical promise. At $2.86, it's sitting at a crossroads. A convincing break above the $3.00 psychological barrier would likely attract more buyers and could validate this bullish signal. On the flip side, a drop below current support levels might send the indicator back to the drawing board.
For now, XRP holders have something to feel cautiously optimistic about after what's been a challenging stretch.
Peter Smith
